H.R. 66

119 HR 66 IH: Federal Employee Student Debt Transparency Act
 U.S. House of Representatives
 2025-01-03
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I  119th CONGRESS  1st Session  H. R. 66  IN THE HOUSE OF REPRESENTATIVES   January 3, 2025   Mr. Biggs of Arizona  (for himself and  Mr. Brecheen ) introduced the following bill; which was referred to the  Committee on Oversight and Government Reform    A BILL
To amend  chapter 131  of title 5, United States Code, to require Senior Executive Service and schedule C employees to disclose Federal student loan debt, and for other purposes.
1.
Short title
This Act may be cited as the   Federal Employee Student Debt Transparency Act  .
2.
Disclosure of Federal student loan debt by SES and schedule C employees
Section 13104 of title 5, United States Code, is amended by adding at the end the following:
(j)
Disclosure of Federal student loan debt by SES and schedule C employees
(1)
Definition
In this subsection, the term  covered employee  means an employee of the executive branch who occupies—
(A)
a Senior Executive Service position (as defined in section 3132(a)); or
(B)
a position of a confidential or policy-determining nature under schedule C of subpart C of part 213 of title 5, Code of Federal Regulations, or any successor regulation.
(2)
Reports by covered employees
Not later than 60 days after the date of enactment of the Federal Employee Student Debt Transparency Act, and not later than February 28 of each year thereafter, each covered employee shall file a report containing a full and complete statement of the outstanding balance of principal and interest owed by the covered employee on—
(A)
each loan made under part D of title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1087a et seq. ); and
(B)
any loan made, insured, or guaranteed under part B or E of such title ( 20 U.S.C. 1071 et seq. , 1087aa et seq.).
(3)
New covered employees
Not later than 60 days after the date on which an individual assumes the position of a covered employee, the individual shall file a report containing the information required under paragraph (2).
(4)
Reports to Congress
Not later than May 1 of each year, the Director of the Office of Government Ethics shall transmit to Congress a report containing—
(A)
the total amount owed by all covered employees as reported pursuant to paragraphs (2) and (3); and
(B)
the name of any covered employee who failed to file or report any information required to be reported pursuant to paragraph (2) or (3).
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